The NE Fennoscandian Shield comprises the Northern Belt in Finland and the Southern Belt in Karelia. They host mafic-ultramafic layered Cu-Ni-Cr and Pt-Pd-bearing intrusions. Precise U-Pb and Sm-Nd analyses indicate the 130-Ma evolution of these intrusions, with major events at 2.53, 2.50, 2.45, and 2.40 Ga. Barren phases were dated at 2.53 Ga for orthopyroxenites and olivine gabbro in the Fedorovo-Pansky massif. PGE-bearing phases of gabbronorites (Pechenga, Fedorovo-Pansky, Monchetundra massifs) and norites (Monchepluton) are 2.50 Ga old. Anorthosites of Mt. Generalskaya (Pechenga), the Fedorovo-Pansky, and Monchetundra massifs occurred at 2.45 Ga. This event produced layered PGE-bearing intrusions in Finland (Penikat, Kemi, Koitelainen) and mafic intrusions in Karelia. The Imandra lopolith dikes occurred at the final phase (2.40 Ga). Slightly negative εNd and I_Sr values (0.703–0.704) suggest that intrusions originated from an enriched mantle reservoir. Low ³He/⁴He ratios in accessory minerals (ilmenite and magnetite) indicate an upper mantle source. Large-scale correlations link the Fennoscandian Shield with the Superior and Wyoming cratons.